property – FNTI – First National Title Insurance Company

December 10, 2020

Published by David Dickard on December 10, 2020

UNDERWRITING Q&A: I have a property that is being sold, encumbered or purchased by a trust. Is there an alternative in Utah for requiring a copy of the trust agreement? (UT)

A. Yes. A certification of trust statement from a trustee pursuant to UCA 75-7-1013. The statute states that in lieu of furnishing a copy of the […]

November 19, 2020

Published by Chance Perkins on November 19, 2020

Underwriting Q&A: What is the effect of a disclaimer of interest in property? (TX)

A: A disclaimer may be used for a variety of reasons including federal tax purposes (avoid gift taxes) and other state law purposes (avoid creditors’ claims). […]

May 28, 2019

Published by Chance Perkins on May 28, 2019

Underwriting Q&A: If the current seller was awarded the property in a divorce proceeding, do we need to worry about a federal tax lien recorded against the ex-spouse post-divorce?

Q: If the current seller was awarded the property in a divorce proceeding, do we need to worry about a federal tax lien recorded against the […]